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AlekseyPX
3 years ago
5

For an investment to be classified as a current​ asset, A. the investment must be easily convertible to cash. B. the investor mu

st intend to convert the investment to cash within one year or current operating​ cycle, whichever is​ longer, or use it to pay a current liability. C. both a and b must be met for the investment to be classified as a current asset. D. neither a or b are relevant to the classification of an investment as a current asset.
Business
1 answer:
Margaret [11]3 years ago
3 0

Answer:

<h2>For an investment to be considered as current asset,it has to be convertible into cash and within one year of business operation or current operating cycle,whichever is longer.Hence,the correct answer is option C.</h2>

Explanation:

In Business Studies or Accounting,current assets are identified as those assets which are normally convertible into cash value usually within 1 year of business operation and used to pay any current liability.Therefore,any short term investment in business which can be used or utilized during the regular business operation and converted into cash value within one year of operation can be termed as current assets.Therefore,to satisfy the conditions to qualify as current asset,any business investment has to be cash convertible which has to be conducted within one year of operation or the operating cycle,depending on their duration.

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Discounters, Inc. issued $50,000, 4-year, 6% bonds that pay interest annually on January 1 when the going market interest rate w
Nastasia [14]

Answer:

$48,307

Explanation:

The carrying value is the value of the bond plus any unamortized premiums or less any unamortized discounts.

5 0
4 years ago
The type of distribution error that involves giving average ratings to all employees is called _____. select one:
Nina [5.8K]
The answer is letter a which is central tendency. It is because this is where managers give ratings to their employees or evaluate their employees base on their performances. And usually, they provide a rating to their employees as average because of the given factors that will fall in this decision. It could be because they fall within the rage, which they had provided, having them to have average ratings.
5 0
3 years ago
Fifteen years ago, Lenny purchased an insurance policy on his own life. The policy provides a $3 million death benefit. Lenny ha
dalvyx [7]

Lenny will generate $471,250 after-tax cash.

<h3>What is an insurance policy?</h3>
  • The insurance policy, which establishes the claims that the insurer is legally obligated to pay, is a contract between the insurer and the policyholder.
  • The insurer guarantees to reimburse losses brought on by risks covered by the policy language in return for an upfront payment known as the premium.
<h3>What is a cash surrender value?</h3>
  • If a policyholder or the owner of an annuity contract chooses to cancel their policy before it matures or an insured event occurs, the insurance company will give them the cash surrender value as compensation.
<h3>Solution -</h3>

Money Lenny will get = $725,000.

Subtract the tax to find the money Lenny will get.

35% of 725,000 = $253,750.

725,000 - 253,750 = 471,250

Therefore, Lenny will generate $471,250 after-tax cash.

Know more about compensation here:

brainly.com/question/19646648

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6 0
2 years ago
Mintzberg determined that managers tend to rely more heavily on ______ communication than ______ communication when conducting b
Alika [10]

Answer:

Verbal; written.

Explanation:

Professor Henry Mintzberg is a prolific and an amiable author on business and management. He was born on the 2nd of September, 1939 and works at the Desautels Faculty of Management in McGill University, Canada.

According to Prof. Mintzberg in his book titled "Mintzberg on Management: Inside our Strange World of Organizations," there are ten (10) primary roles which can be used to classify the functions of a manager; figurehead, liaison, leader, monitor, negotiator, entrepreneur, disturbance handler, spokesperson, resource allocator and disseminator.

Additionally, Mintzberg determined that managers tend to rely more heavily on verbal communication than written communication when conducting business. This is simply because managers consider a written communication such as memo, reports, or letters consume more time when compared with verbal communication such as telephone calls, meetings or face-to-face conversations .

5 0
3 years ago
Zona pharmaceuticals is a global pharmaceutical firm based out of Texas. It employs 3200 people who work all over the United Sta
Mashcka [7]

Answer: Define metrics to assess project progress and identify project-related risks

Explanation:

If Zona Pharmaceuticals decide to implement an enterprise resource planning management system in order to support product innovation and also to reduce the time to market a set of new products, the best way to avoid a failed enterprise system implementation is to define metrics in order to assess project progress and also identify project-related risks.

By defining metrics, this will show the progress of the project as the firm can see if the project is going according to plan and hasn't deviated from the goal. It is also vital to check any project related risks.

7 0
3 years ago
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